German elections, when to short the euro, or buy it? - page 6

 
danminin:

equivalent to selling or buying?

shorts are forbidden on the stock exchange in France, as far as I know.

and you can also sell the euro index.


I could never understand the point of index trading. Only in terms of pure speculation. Even cooler in terms of meaninglessness than bitcoin

 
Alexey Volchanskiy:

I could never understand the point of index trading. Only in terms of pure speculation. Even more so than bitcoin in terms of meaninglessness.


There you trade a pair and there you trade a currency.

 
Vitaly Muzichenko:

The process is underway, there are already sticks)


the brit has already seen an increase in volatility

 
danminin:

selling CAC40 for dollars is selling euros/usd.

See specification. CAC40 is a European index, quoted in EUR. The dollar is nowhere near it.

 
Stanislav Korotky:

See specification. CAC40 is a European index, quoted in EUR. The dollar is nowhere near it.


Oh, right. it trades for euras.

Then selling CAC40 would be selling European equities against the European currency.

But, when europe gets bad, so will their shares and their currency. so i don't see the point of such a sale.

 
danminin:

Oh, right. traded for the eur.

Then selling the CAC40 would be selling European stocks against the European currency.

But when europe gets bad, so will their stocks and their currency. that's why I don't see the point of such a sale.

Look at how the indices in general "go".

 
Vitaly Muzichenko:

Look at how the indices "go" in general.

let me see. does alpari have indexes?
....


well...


i wouldn't say they go that opposite way.
 
danminin:
I wouldn't say they go so opposite.

Calculate the correlation.

 

It's an hour and a half before market opens, but a micro-gap ~30p down is already in place


 
Vitaly Muzichenko:

It's an hour and a half before the market opens, but there is already a ~30pp gap down



Is currency trading at the weekend?